HgCapital Trust (LSE:HGTS) Scaled Net Operating Assets: 1.05 (As of Dec. 2025)


What is HgCapital Trust Scaled Net Operating Assets?

HgCapital Trust LSE:HGTS 47 Scaled Net Operating Assets is 1.05 as of Dec. 2025. GuruFocus rates LSE:HGTS with a GF Score™ of 47/100. The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HgCapital Trust's operating assets for the quarter that ended in Dec. 2025 was £2,594.10 Mil. HgCapital Trust's operating liabilities for the quarter that ended in Dec. 2025 was £1.84 Mil. HgCapital Trust's Total Assets for the quarter that ended in Jun. 2025 was £2,471.49 Mil. Therefore, HgCapital Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.05.


HgCapital Trust Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HgCapital Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2594.103-1.835)/2597.871
=1.00

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2608.385 - 14.282
=2594.103

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38.122 - 36.287 - 0
=1.835

HgCapital Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(2594.103-1.835)/2471.491
=1.05

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2608.385 - 14.282
=2594.103

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38.122 - 36.287 - 0
=1.835

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 1.05 mean?
HgCapital Trust (LSE:HGTS) has a Scaled Net Operating Assets of 1.05 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HgCapital Trust and its competitors.
Is HgCapital Trust's Scaled Net Operating Assets too high?
HgCapital Trust's current Scaled Net Operating Assets is 1.05. Overall, HgCapital Trust has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does HgCapital Trust's Scaled Net Operating Assets compare to BLK and BX?
HgCapital Trust's Scaled Net Operating Assets of 1.05 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HgCapital Trust and its competitors. HgCapital Trust's current Scaled Net Operating Assets is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HgCapital Trust stock overvalued right now?
HgCapital Trust (LSE:HGTS) has a current Scaled Net Operating Assets of 1.05. The current Scaled Net Operating Assets is 1.05. HgCapital Trust's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For HgCapital Trust (LSE:HGTS), the current Scaled Net Operating Assets is 1.05 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HgCapital Trust Business Description

Other Exchanges HGT:UK
Address 2 More London Riverside, London, GBR, SE1 2AP
HgCapital Trust PLC is an investment trust with the objective of long-term capital appreciation by investing in unquoted companies. It provides investors with a diversified portfolio of private equity investments. It offers investors a liquid investment vehicle to gain exposure to Hg's diversified network of unquoted investments with minimal administrative burdens. Geographically, the majority is derived from the United Kingdom. It also has a presence in North America, Scandinavia, Germany & other Europe.